Standard Bank recommends 17pc stock div

Last updated: March 10, 2013

Dhaka, Bangladesh (BBN): The Board of Directors of Standard Bank Ltd has recommended 17 per cent stock dividend for the year ended on December 31, 2012, said an office disclosure on Sunday.

The date of time and venue of the AGM will be notified later. Record Date: 21.03.2013.

The Company has also reported profit after provision before tax of BDT 1,331.25 million, EPS of BDT 2.73, NAV per share of BDT 16.86 and NOCFPS of BDT 20.19 for the year ended on December 31, 2012 as against BDT 1,296.51 million, BDT 2.66, BDT 14.10 and BDT 4.63 respectively for the year ended on December 31, 2011.

So, there will be no price limit on the trading of the shares of the Company today.

BBN/BB/AD/10Mar-13-11am BST).

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